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Economic Resilience and the Metal Industry: A Qualitative Examination of Dhaka's Metal Businesses in Response to Fluctuating Economic Conditions

Author Affiliations
National University Bangladesh, American International University-Bangladesh
Published InResearch Square
Year2023
Citations8

Abstract

<title>Abstract</title> This study delves into the intricate interplay between the economic environment and Metal Industry's profitability and growth. Metal Industry, a prominent steel manufacturing company, operates in a complex global landscape, necessitating a comprehensive understanding of economic factors that influence its trajectory. Through qualitative research methods, including interviews and document analysis, key personnel's perspectives within the company were garnered. The economic environment's role in shaping profitability and growth was scrutinized, uncovering critical insights. The study reveals that economic variables, encompassing inflation, interest rates, and exchange rates, exert a significant impact on production costs, demand dynamics, and pricing strategies. The company's adaptive measures, as illuminated in response to economic trends and events, underscore its resilience and strategic agility. Challenges posed by…
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